Blue Trust Inc. boosted its position in shares of Domino’s Pizza, Inc. (NASDAQ:DPZ – Free Report) by 57.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 199 shares of the restaurant operator’s stock after purchasing an additional 73 shares during the period. Blue Trust Inc.’s holdings in Domino’s Pizza were worth $86,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Czech National Bank grew its stake in shares of Domino’s Pizza by 7.2% during the third quarter. Czech National Bank now owns 7,124 shares of the restaurant operator’s stock valued at $3,064,000 after buying an additional 478 shares during the last quarter. Mather Group LLC. grew its position in Domino’s Pizza by 5.7% in the 3rd quarter. Mather Group LLC. now owns 684 shares of the restaurant operator’s stock valued at $294,000 after acquiring an additional 37 shares during the last quarter. Brookstone Capital Management increased its stake in Domino’s Pizza by 5.1% in the third quarter. Brookstone Capital Management now owns 5,571 shares of the restaurant operator’s stock worth $2,396,000 after purchasing an additional 269 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Domino’s Pizza during the third quarter worth $43,000. Finally, Peak Financial Advisors LLC purchased a new stake in shares of Domino’s Pizza during the third quarter valued at $2,984,000. 94.63% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts recently commented on DPZ shares. Jefferies Financial Group reduced their price target on shares of Domino’s Pizza from $455.00 to $450.00 and set a “hold” rating on the stock in a research note on Friday, October 11th. Barclays reduced their target price on shares of Domino’s Pizza from $412.00 to $402.00 and set an “underweight” rating on the stock in a research report on Friday, January 24th. TD Cowen boosted their price target on Domino’s Pizza from $475.00 to $515.00 and gave the company a “buy” rating in a report on Monday, November 25th. Loop Capital upgraded Domino’s Pizza from a “hold” rating to a “buy” rating and raised their price objective for the stock from $419.00 to $559.00 in a report on Friday, November 8th. Finally, Wedbush reiterated an “outperform” rating and issued a $470.00 target price on shares of Domino’s Pizza in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $502.33.
Insider Transactions at Domino’s Pizza
In other Domino’s Pizza news, EVP Kevin Scott Morris sold 2,646 shares of Domino’s Pizza stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $459.00, for a total transaction of $1,214,514.00. Following the completion of the sale, the executive vice president now owns 1,966 shares of the company’s stock, valued at approximately $902,394. The trade was a 57.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.76% of the company’s stock.
Domino’s Pizza Price Performance
Shares of DPZ stock opened at $466.74 on Friday. The stock’s fifty day moving average price is $438.31 and its 200 day moving average price is $431.58. Domino’s Pizza, Inc. has a 1-year low of $396.06 and a 1-year high of $542.75. The company has a market cap of $16.12 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90.
Domino’s Pizza Company Profile
Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.
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